Ghana tightens regulations on armored bullion vehicles for safer cash transit

Ghana's Ministry of the Interior has introduced comprehensive guidelines and standards for the importation, retrofitting, usage, and decommissioning of Armored Bullion Vehicles (ABVs).

The announcement was made at a press conference held at the Information Service Department on December 5, 2025, led by Interior Minister Mohammed-Mubarak Muntaka.

"This represents a revolution in the regulation of armored vehicles and cash-in-transit operations," he stated.

He noted that between 2021 and 2023, there were at least five regrettable armed attacks on cash-in-transit operations, resulting in the loss of three police officers.

In addition, the attackers successfully breached three roadblock locations, escaping with cash being transported in these armored vehicles.

The frequency of these attacks raised serious concerns about the stability and safety of cash transport operations.

The guidelines include specifications for vehicle construction, security features, and operational protocols, as this initiative aims to enhance the security of cash transport across the country.

"Key components of global sustainability require decisive action to institute comprehensive data standards and regulations for this sector.

"Regulation of armored vehicles and cash-in-transit services is of utmost significance," Muntaka said.

The minister emphasised that these guidelines are designed to protect both the personnel involved in cash transport and the financial assets they handle.

Minister Muntaka added that the government's top priority is to establish a secure environment for financial transactions.

"I’m pleased to inform you that Ghana has made significant strides in enhancing the security of our financial and logistics sectors through the rollout of these comprehensive guidelines. They address key areas, including the importation, certification process, and compliance requirements for armored vehicles, ensuring alignment with international and national standards.

"The guidelines cover operational and mechanical standards, safety protocols, training, vehicle tracking, communication systems, and coordination measures. Additionally, the procedures for inspection, testing, compliance monitoring, and environmentally responsible decommissioning of ABVs are outlined," he explained.

Mohammed-Mubarak Muntaka also stated that adherence to the new standards would be strictly enforced, with severe penalties for non-compliance.

This regulatory move impacts the financial sector, as banks and other financial institutions must ensure that their ABV fleets comply with the new requirements.

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